Typical customer: Worth it

Piedmont Electric Member and solar

Piedmont Electric Member is an electric cooperative serving about 30,640 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.

Average price (2026 est.)
16.5¢12% above North Carolina average
Typical bill
$1961,189 kWh a month
Exports credited
~21%Net billing (reduced export credit)
Typical payback
12.7 yrs10.1 kW, cash

Export rules for Piedmont Electric Member customers

Net billing (reduced export credit) (North Carolina rule).

Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

North Carolina net metering details

Solar for a typical Piedmont Electric Member home

System10.1 kW (100% of 1,189 kWh/month)
Cost$27,235
First-year savings$2,196
Payback12.7 years
25-year net$32,744

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
511
Share of customers
1.7%
Residential solar capacity
4 MW
Residential customers
30,640

EIA-861, 2025.

Questions about Piedmont Electric Member and solar

Does Piedmont Electric Member have net metering?

Piedmont Electric Member follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

How much does electricity cost with Piedmont Electric Member?

Residential customers paid an average of 15.6¢ per kWh in 2025 (EIA), about 16.5¢ adjusted to 2026. The typical home uses 1,189 kWh a month, a bill of about $196.

Is solar worth it with Piedmont Electric Member?

For a typical customer, solar is worth it: a 10.1 kW system costing about $27,235 pays back in about 12.7 years, with $32,744 net over 25 years.

How many Piedmont Electric Member customers have solar?

About 511 homes had net-metered solar at the end of 2025, roughly 1.7% of residential customers (EIA-861).

Legal name: Piedmont Electric Member Corp (EIA ID 15023). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.